Tag Archives: robber barons

ROBBER BARONS: Trump Administration Mulls $100B Unilateral Capital Gains Tax Cut For The Super Wealthy

The New York Times reports: The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally tenuous maneuver that would cut capital gains taxation and fulfill a long-held ambition of many investors and conservatives. Steven Mnuchin, the Treasury secretary, said in an interview on the sidelines of the Group of 20 …

Read More »